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20131202
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CNBC 19
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Search Results 0 to 49 of about 50 (some duplicates have been removed)
CNBC
Dec 2, 2013 7:00pm EST
to >>> team obama proclaims mission accomplished insisting the obama care website is working much better. but, is it really? only 100,000 people supposedly signed up successfully last month. we have breaking news on the continued breakdown of back-end payment-related communications with the insurance companies. in other words, all those folks who enrolled may not be enrolled. and the white house won't fess up. and none of this can hide the cold, hard fact, obama care is a bad product. its health plans cost more, provide less service and choice and it's a budget-buster for washington. you can bet this will be the number one issue of the 2014 elections and beyond. >>> as we begin the holiday season, we pay extra attention to pope francis' criticism of capitalism. his apparent view that the state will solve the problems of poverty, not the market. i must say, with the greatest of humility as a devout catholic, i completely disagree with his holiness. all those stories and much more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the ku
CNBC
Dec 4, 2013 7:00pm EST
, the millennials are abandoning him and obama care in droves. a new poll shows plunging support from young people. because the obama care website is in such bad shape, the government now has offered to bail out insurance company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. this whole story has gone haywire. all right? all of this and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we're live here at 7:00 p.m. eastern, 4:00 pacific. president obama tries everything we can to get the attention away from the obama care, anything. today he went back to his old stand by, the rich. for more on the president's remarks about, quote, income inequality, end quote, let's bring in nbc's own steve handelsman. steve. >> reporter: larry, thanks. this was president obama trying to refocus on helping the middle class that he said relative to the rich was in a long, slow slide from the 1970s and seemed to be doing better when housing and wall street got s
CNBC
Dec 6, 2013 7:00pm EST
by $15 billion. maybe enhance their credibility. but the bad news for obama care is rolling in. the website is posting an abysmal failure rate when it comes to reporting enrollment and payments to insurance companies. it's still at a very high 10% and was just recently at an alarming 25% and you know what? it ought to be zero. and speaking of insurance companies are they getting bailed out like the banks? it sure looks like it. 65% of americans by the way are totally opposed to it. all those stories, much more coming up on "the kudlow report" beginning right now. good news is good news today. big jobs, big stock rallies. we have all the details. good evening. >> larry, plenty expecting a non-farm payroll report, but no one predicted the markets would react this week. there was worries that an improving economy would lead the fed to taper early, burr the stock market rallies big and the bond market barely moves. cyclical sectors were strong and even the interest rate sensitive groups had a good day. we closed at the highs. but what about the taper fears? remember bond yields had
CNN
Dec 2, 2013 2:00am PST
. that is how the main obama care website fixer upper described the difference between healthcare.gov now and when it launched back on october 1st. jeff saying in a conference call on sunday the website now works smoothly for the vast majority of users. >> after clearinging through fewer than a hundred bucks through the month of october, the speed has more than tripled with more than 400 bugs fiched and eliminating critical glitches and making experience to the consumer experience better throughout the site. >> the administration says the obama care site can handle as many as 50,000 concurrent users and 800,000 consumer visits during the day. >>> they say the terror threat in the united states is growing. democratic senator dianne feinstein and mike rogers share that view. both said changing tactics and improving weapons make it harder right now to warn the war on terror. >> are we safer now than we were a year ago, two years ago in general? >> i don't think so. i think terror is up worldwide. the statistics indicate that. the fatalities are way up. the numbers are way up. there are new b
CNN
Dec 4, 2013 3:00am PST
is live with much more. how is this re-introduction of obama care going so far, brianna? >> reporter: the white house seems to think it's going well so far. but they also acknowledge the real proof is going to be in the december enrollment numbers. that's really their focus now that they're turning the page from the troubled website. >> one road block down, partially anyway. but the path ahead is still uphill. >> every day i check to make sure that it's working better. and, you know, we've learned not to make wild promises about how perfectly smooth it's going to be at all times. >> reporter: president obama kicking off another push to sell his signature health care law to a skeptical public. >> i need you to spread the word about the law, about its benefits, about its protections, about how folks can sign up. tell your friends, tell your family. >> reporter: as the white house spends the next three weeks trying to convince americans there's more to obama care than the fumbled rollout, a powerful ally talked to cnn espanol. >> i don't think you can find anybody harder that went out o
CNBC
Dec 9, 2013 4:00am EST
, particularly since the fumble with obama care. the republicans may see an opening and may be a reason for them to try to get some things done. >> so, i mean, you talk about the farm bill. do they have a long way away on how much they want to trim from that? democrats want to trim 4 billion, represent can't want to trim 40 billion. this is from the food stamps department. yes, they're talking, which is a good thing. there's still a lot of distance. >> well, there's distance on the food stamp program and that's always the case. democrats, remember, those are more -- those are perceived to be more democratic constituents so they will want to do less, particularly in a mid-term election. i think you can get there, come together middle of the road, split the baby. this farm bill is important to republicans. that shows that the republicans are showing a lot more flexibility. they need a win more than the democrats need a win in this mid-term election particularly because they see that they may have the president and the democrats on their heel with obama care. if they can get a farm bill done and th
CNBC
Dec 9, 2013 6:00am EST
or later matter at this point in the game? >>> countdown to a budget deal. the future of obama care, we'll put the topics on the table for senator ron johnson of wisconsin who will be visiting us in studio today. >>> "squawk" goes shopping. we're going to find out if more consumers are starting to hit the mall. "squawk box" begins right now. >> good morning. welcome back to "squawk box." i'm andrew ross sorkin along with becky quick and joe kernan. the new american airlines group begins trading today under the the tickle -- ticker -- >> tickle? >> tickle me elmo. the merger between american airlines -- >> that's freudian. i'm going to come over and tickle you. >> closes this morning after a last-ditch appeal by consumer groups to delay the deal was denied by the supreme court. i'm sorry about that one. and the ceo of the combined airline, doug parker's going to join us next hour right here on "squawk box." and we're going to talk to him all about this tickling deal. >>> dow component mcdonald's will be a stock to watch. reporting november sales in about an hour from now. analysts survey
CNBC
Dec 3, 2013 9:00am EST
not only how obama care will eventually be phased in or whether it will be phased in at all, but what i'm interested in as a market guy is we're talking about 1/6 of the economy. whether you're for it or against it or you believe it's going to work or not going to work, in the end it's 1/6 of the economy, we're the world's leading business channel and it's in our wheelhouse. but one thing that seems to be going on today in it can that is not getting a lot of air time that i find rather fascinating is that the house judiciary committee is holding hearings and they're holding hearings on something rather, i don't know, maybe call it esoteric, maybe call it extreme but let's get to the crux of the matter and i'll get there through an analogy. let's say when we saw at the end of last year that the payroll walked out in january and said basically, listen, i'm going to take a swath of those people whose taxes are going to go up on the payroll tax and i'm going to delay that for a year, would that fly? i don't know that it would fly. we have a constitution and checks and balances. but let's ge
CNBC
Dec 2, 2013 6:00am EST
firm that did obama care. that's the one that they're using for -- you know, i hear my mother saying, you could put an eye out with that. you could put an eye out with one of these things, couldn't you? >> the place where you -- it would be way far away from everything. the place they're using it are where you're getting most orders, manhattan. that's insane. >> i've said that let's say we get the biggest business guest in the world, who is it? is it warren buffet, is it bill gates? >> right. right. >> our biggest business guest is not charlie sheen, is not as good as a d level lindsay lohan. >> right. >> so when d-- >> in terms of eye balls? >> yes. so when "60 minutes" decides to go slumming into our realm where they're doing business people. they get meredith whitney, she says the world is going to end. they need something big. jeff, we're thinking about putting you on. what have you got? >> give us something. >> yeah. >> i think laura logan said, hey, buddy, you were there. what's the biggest thing you've got? maybe that didn't happen n. this case i think they ask him, bezos, wha
CNBC
Dec 3, 2013 6:00pm EST
dose of obama care failures and embarrassments keeps rolling on. yet president obama still holds another pep rally today for his ev ever faltering health care law. this time the pep rally had no pep. a new report says about a third of all the obama care enrollees may not be enrolled. that's the reported failure rate on the so-called back end information that is sent to insurance companies. in other words, thousands of the nation's fast food
CNBC
Dec 3, 2013 3:00pm EST
the push to get american to sign up for obama care. but is he jumping the gun with his website still not 100%? what about all those complaints over sky high premiums? up next we'll talk to former ubs chairman robert wolf who has been one of president obama's closest allies on wall street. >> apple shares on a roll after a strong started to the holiday shopping season. we'll hear from somebody who says investors should buy this stock now before it really takes off. >> and there's been a lot of buzz online and on social networks about that minimum wage discussion we had yesterday with the mcdonald's worker. take a lynn. >> have you asked for a raise before? >> i have and i was pretty much told it's going to come eventually. just wait. >> coming up former council of economic advisers says be careful what you wish for. raising the minimum wage will only end up hurting the very people it's intended to help. he's join us on the "closing bell." stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now.
CNBC
Dec 4, 2013 6:00am EST
the past several months is looking for effect of obama care. you did get strong growth in that 20 to 49 employee business size. but it's less than you had with smaller businesses and with larger businesses. are you seeing any pick up, statistical evidence of impact of obama care in numbers? >> no. none. i can't see it. in terms of the job creation or for companies that are around that key 50 employee threshold, i don't see anything. of course the employee mandate was delayed. maybe companies aren't going to react. they'll wait until next year this will they start to react. i don't see it in part time employment, hourly earnings. it's very difficult to see. now, it could also be the case going back to counter fact we don't know what the world would look like if obama care wasn't implemented. that's a tough argument to make. i just don't see it in the data. >> thanks for joining us this morning and bringing decent numbers along. >> yeah. i'm glad to do it. >> becky, back to you. >> all right. thank you. we'll see you back here soon. well done by steve and mark. >> generated above 200. >>
CNBC
Dec 5, 2013 6:00am EST
, republicans want to talk about obama care, they want to talk about other issues. they think they can beat up on obama and the democrats and don't want to get bogged down by shutdowns and debt limit fights. there's no reason to think stocks are too high because washington's going to kill everything. >> and maybe it was set so low because it was on the floor. >> you can't go much lower than they are. they can clear the bar for expectations which is no shut down. and maybe get the approval ratings in the 10% range, double digits at some point. >> one of the things we've been watching is what the fed's going to do next. how much do you think the fed has been responsible for this. and if the tapering begins, is that really something that takes the steam out of the market? not if it's just based on valuations like you've been talking. >> i have not been of the view that fed-driven liquidity is the sole support under the market. we touched on it a few minutes ago, there are many traditional fundamental supports, not least being simple gdp growth. and the base from which we came classic epic market
Bloomberg
Dec 9, 2013 5:00pm EST
as well as they plan to drop their federal health care plan and sign up for the obama health care law. they have to beat some of their own cooking. they have to experience what their constituents are dealing with. the reality is, they have more options. 112 gold level planned by four different insurers. the government picks up about 75% of their premiums. the onlineet to use exchange, not the troubled healthcare.gov. john bane are signed up for an individual plan. his office that it took them several hours and he does not really like the end result. a new $800 a month premium went to factor in his wife's medicare. arey health and premiums going to double. m lopez tripled. i am thrilled to death as you can tell. tripled.pays i am thrilled to death as you can tell. >> do they lawmakers actually have to enroll? >> they don't. they can opt out but there is a possibility it would end up costing them more money. one is mark. he is facing a tough reelection fight. no government subsidy. his premium is nearly $600 a month. lawmakers do not need to enroll. they're covered by other insurance. o
CNBC
Dec 4, 2013 6:00pm EST
growth. here's another big problem for president obama, the millennials are abandoning him and obama care in droves. a new poll shows plunging
CNBC
Dec 2, 2013 9:00am EST
that really isn't delivering and that's, of course, obama care and i will call it obama care. many call it the affordable care act because it's so unaffordable in its current shape. remember nancy pelosi and her comments if you want to know what's in it, you had to vote for it? there are so many of them. there's been work ongoing all weekend to try to come up with the final details says house speaker madigan's people. why do we elect people, put them on staff? if that's the way it is, i understand. i'm a pragmatic realist. in the end, i would think it's important that somebody reads it before they pass it because i think all the surprises in obama it's not fair to put many public workers back in this kind of gray area again. this is supposed to save $150 billion over the next several decades and all eyes will be focused on illinois because it's the worst and it's trying to get better. back to you, simon. >>> tweet time. jeff bezos reveals they are experimenting with drone-based delivery. the service amazon prime air could be ready in the next four or five years and could carry objects t
CNBC
Dec 4, 2013 1:00pm EST
i'm optimistic about. maybe an early budget deal, maybe obama care gets less messy. little optimistic maybe. maybe the economy gets better incrementally. here's the thing the thing is going to turn on. can janet yellen pull off the great deal, convince the world tapering is not tightening? does she have that power and influence? that's the wildcard. >> i don't think -- see i think the market will make that decision, because we've seen that with ben bernanke and the current fed. they've tried to say taper isn't tightening but the market is going to make that interpretation and that's going to be the struggle for the fed next year. >> the honeymoon will be very short, very short honeymoon for her. >> thank you very much. sue? >> ty, president obama speaking today about the wealth gap in the united states. should the wealthy worry? part of the story is how you the american taxpayer is now paying to keep many lower-level banking employees afloat while the executives make much better money and the pope has weighed in on all of this as well. talking about major and possible chang
CNBC
Dec 6, 2013 9:00am EST
always talking about big government and the problems with the obama care rollout. and if we can put it on the screen, here was his answer. and the challenge, i think, we have going forward is not so much my personal management style or particular issues around white house organization. it actually has to do with what i refer to earlier is, we have some of the big agencies, some of which are outdated, some of which are not designed properly. wow! that's the greatest news of the week. he's saying big government is like an old de soto at a time when we want to drive efficient sports cars. the only question i have is, isn't obama care just another one of those? back to you. >> all right, rick, thank you so much. rick santelli in chicago. >>> nobody puts baby in the corner without an -- without an ipad. [ laughter ] stay tuned for this, the latest in toddler technology in just a moment. hi honey, did you get the toaster cozy? yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to.
CNBC
Dec 6, 2013 3:00pm EST
/frank coming up. we have, obviously, obama care. is that going to possibly be a hindrance to growth and expansion next year or is it just going to be a stimulus for your line of work? >> you know, i don't know if it will be a stimulus for our line of work. but for the companies we work with, aca hasn't impacted them that much. they have more administrative costs, slightly, but it really hasn't impacted them that much because they all have 200 or more employees. dodd/frank, it's been a work in process for a long time. i don't know if there's anything necessarily today that's going to affect it. i think the one thing, the headwind is, potential more regulation as well. >> that's always going to be the case. >> always. >> when have you ever said, there's not enough regulation out there? what is your biggest headwind? >> our biggest headwind, i think, is the government shutdown potential, the debt ceiling issue. frankly, we need comprehensive tax legislation. and if we got that, i think it would make us all more competitive. certainly help our business, i'm sure. but those two or three
FOX Business
Dec 3, 2013 1:00pm EST
. >> the white house wants to claim that governor governor is now working. we know that obama care is still plagued with problems. -- healthcare.gov. every american deserves relief from it. >> yesterday, we were told over one million americans logged on to the website to shop again. this is after two months of trashing of the website and two months of efforts by our colleagues on the republican side to dismantle the affordable care act. >> white house officials say president obama and the white house will be selling different aspects. like you can keep your kids on their insurance until they're 26 years old. you can't be discriminated against for preexisting conditions. things like that, they will sell one a day for december 23rd, for the next three weeks. back to you. adam: rich edson, thank you very much. lori: well you remember edward snowden? so after he looked potentially the most sensitive material in u.s. history, well, many people all across the world rushed to insure their mobile security. our next guest, cofounder and ceo of the security app, wicker, develop ad way for millions to
FOX Business
Dec 6, 2013 1:00pm EST
: looks rough. ceo of a pharmaceutical company saying thanks very much for obama care. tracy: of course, remembering today. nelson mandela, u.s. flags at half-staff as the world honors the man that went from political prisoner to south africa's president. ♪ ♪ mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz your wish list at the winter event going on now -- but hurry, the offers end december 31st. [ sant] ho, ho, ho! [ male announcer ] lease the 2014 glk350 f $419 a month at your local mercedes-benz dealer. >> at 22 minutes past the hour i'm arthel neville with your fox news minute. president obama and the first lady plan to attend an memorial service in south africa next week in honor of nelson mandela. flags were lowered to half-staff in the u.s. and many countries around the world. the anti-apartd leader in south africa's first democratically elected president died yesterday at the age of 95. we take a live look at pictures coming out of johannesburg where people there are mourning his death and celebrating mandela's life at the sa
CNBC
Dec 4, 2013 3:00pm EST
business committee. he wrote an op-ed piece pointing out there's another small business problem with obama care. this one has to deal with the definition of employee. that's on top of new paperwork rules, new definitions. those are our top three right now. >> our viewers have their homework assignment during the break to go look that one up. thank you very much, sir. i hope my parents are watching because i know we have a couple of red gas cans in the garage. >>> coming up, merrill lynch was one of the largest financial snugs on wall street. up next, former chairman of merrill's international division, win smith on what led to their collapse during the financial crisis, of course it to be bought by bank of america. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ to help secure retirements and protect finan
FOX Business
Dec 4, 2013 4:00pm EST
: lawmakers debating the healthealth care law on capitoll today a day after president obama kicked u off a three-week public relations blitz to promote the plan and generate more participation. david: will be botched rollout of healthcare.gov keep americans from signing up? a busy day on obamacare inside the beltway. >> when you look at what is going on in washington especially with the obamacare numbers to administration makes the case the obamacare website problems have lowered enrollment numbers and a person familiar with the enrollment number says the administration declared november 1 or november 30 website was working for the majority of americans some 29,000 people were able to enroll in those first two days. republicans say those numbers are still way too low when you consider all the americans who have lost their assurance plan because the health care law them out. in a statement responding to those numbers says the system needs to be able to handle not only previously uninsured americans and rolling in the policies are canceled by the president's new health care law. president
FOX Business
Dec 3, 2013 4:00pm EST
the year. david: thank goodness for that. >>> president obama trying to move beyond the health care website's troubles but launching a new p.r. campaign to rally public support for his new health care law. liz: rich edson live from the white house. rich, you saw the rollout. talk about it. >> well, liz, and david, the president says his law will not be repealed so long as he is president. this is the way the administration is trying to change the conversation from all the bad news they have had about obamacare, the botched rollout, people losing their health insurance and try to change it to the benefits of the program. in fact the administration says for the next three weeks the white house will be highlighting the benefits of obamacare, trying to drum up some coverage on the other side, some positive coverage. the president in an event here at the white house earlier today also addressed his republican critics saying if they have some better ideas on how to fix the affordable care act, he will consider them. >> if you ask many of the opponents of this law what exact think they would do di
FOX Business
Dec 4, 2013 3:00pm EST
concern about the future cost increases attributable to the affordable care act, to obama thecare and other federal regulations so that is a worry for some employers and on consumer spending, the report said, quote, increased in almost all districts at a modest to moderate pace going into the holiday shopping season. liz: markets and dictated the data. we have come out of the laws but no way in here where we began the day. tomorrow could change all. we got the gdp number, let's bring in traders from the stock exchange, looking at ten year yield, it touched 2.85, that got people wondering what is going on because stocks were not a great place to look at. >> that had to do with the strong numbers you were talking about where you have seen rates hiccup and people take money off of the table, one number interesting agree with you the way as been a buckle your seat belt and whiplashed day between unchanged and higher or lower but the iso number was the only weak number, it was not that week. 0 little weaker than expected and we rallied off of it so again i have been talking about a gla
FOX Business
Dec 3, 2013 9:20am EST
and that's the worry. is it possible that we plod along? president obama doesn't care about ten years from now, he cares about the next three years. is it possible that we plod along? >> he doesn't care about the next three years, does he care about his ideology and where he stands with the people that believe in that ideology, or america and the economy. and it seems he's more concerned with years from now. >> the point about natural gas, why don't we see the l and g terminals on every coast and every city. line let's export natural gas. that he is a conflicts with the ideology. stuart: we know you as a trader, we have to ask the following question. what's the worst trade you ever made. >> simple, warren buffett said what you should do when you buy stocks, go to your house and buy the companies of the things that you use every day. stuart: and charles payne said that. >> when i first got my ipod and played music never mind if i ever imagine i would be able to make a phone call from it in a few years and i bought my first ipod and running on the chicago lake front and listening to the ipod
FOX Business
Dec 3, 2013 11:00am EST
: president obama tried as if he refuted clearing the health care law more than just a website. still the website and problems sending payment information to insurance companies continue to hamper the administration efforts to get americans enrolled in health insurance. with that white house focused on the benefits, eliminating pre-existing conditions on insurance policies and actually an dollars in benefits to limit the cost of insurance. highlighting it daily for the next couple of weeks. republicans continue their assault on the law. >> it is not just a broken website, this deal is fundamentally flawed. causing people to lose the doctor of their choice, causing them to lose their health plan and if that isn't enough, they are having to pay much higher prices at the same time. >> while absent last six weeks of signing blame and rooting for failure, the house democrats working with the administration have rolled up our sleeves and gone to work and we are fixing the problems with the affordable care act. >> we will hear from president obama this afternoon on obamacare. back to you. co
Al Jazeera America
Dec 5, 2013 6:00am EST
sickened with the disease. >> the steps officials are taking to contain the outbreak. >> president obama's health care allow could force doctors to take on more patients. that how that could affect your medical care. >> $60 billion, it is our big number of the day, and it's how much one tech giant could be giving back. where that money will be going. >> todd, big number, $60 billion, that's the number brooklyn hour carl eye cob wants apple to give back to investors in a share buy o. back. it's a dispute between the two sides and the center of time's cover story. he wants them to spend more of its massive stockpile. his initial request was $100 billion. he believes the giant should share more wealth with stock hold jeers a lot of money to give back. welcome back. >> a new meningitis scare erupted at another university, sickening four people so far. this particular strain has no treatment. we'll find out what steps are being taken to battle the disease. >> we've got a lot to talk about, meteorologist nicole mitchell. >> there are decent ones out there. where it's most critical is northern
FOX Business
Dec 7, 2013 4:00am EST
ahead. ♪ lou: another obama cover-up. new e-mails reveal the obama administration knew about a major flaw in the obamacare small business exchange. former romney health care adviser on this latest obamacare outrage or oversight. next. ♪you fill up my senses ♪like a night in n a forest ♪like the mountains in springtime♪ ♪like a sleepy blue ocean ♪you fill up my senses ♪come fill me again ♪come let me love you ♪let me always be with you ♪come let me love you ♪come love me again her nurse. her personal assistant. her housekeeper. her cook. her accountant. when i starled taking care of mom, i didn't realize the challenge of playing so many roles. but above all, i'm still... her daughter. [announcer] visit aarp.org/caregiving to connect with experts and other caregivers. together we can better care for ourselves, and the ones we love. ♪ lou: obama administration officials report more progress with healthcare.gov. they now say that the site fails just about 10 percent of the me. back in octor that failure rate was 25%. government officials also say over three and a
PBS
Dec 2, 2013 7:00pm PST
for medicare advantage and other parts of the affordable care act that it says will hit its earnings next year. >>> meanwhile, the obama administration met its self-imposed deadline to have the government website back on track and running smoothly for the vast majority of users next month, but despite that, there are numbers still plaguing the use a useers. >> reporter: jakim says it has been a lot easier to enroll people for the health care insurance than last month. >> a couple of weeks ago you couldn't do anything. >> reporter: last week he was able to help people apply and shop all in one sitting. >> people came in, and in half an hour, they found insurance. >> reporter: not so today. although the obama administration says it more than doubled the capacity of the insurance marketplace to handle 50,000 users at a time, after five weeks of trouble shooting. by late are morning, more than 375,000 people had gone into the site, landing in a virtual waiting room that holds their place in an on-line queue. but if the front end remains slow, the insurers say the big problem is the back end of the
FOX Business
Dec 6, 2013 4:00pm EST
: president obama trying to alter his own health care plan to let policyholders keep their old plans even if they're technically in violation of the new law but some state insurance commissioners are balking. and the irony is, most of those who oppose the president's changes are actually from democratic states while our next guest is an insurance commissioner from a republican state. guess where he stand in a fox business exclusive louis insurance commissioner and national association of insurance commissioners president james done owe lan. done lon. good to have you here. in general how is it rolling out in louisiana? >> oh, it is rolling out over a very bumpy road indeed. the website being the first and most important issue and challenge for consumers trying to access the subsidies, trying to get coverage. if they have existing conditions that they need the guarranty issue protection for, it has been a very rocky start as you know. david: before october, before this thing was rolled out a lot of critics said it wasn't ready for prime time. indeed isn't that what we found? in fact you us
FOX Business
Dec 2, 2013 1:00pm EST
on the obamacare rollout. the obama administration, the troubled health care website a vastly improved since the disastrous rollout back in october. so much so that it appears that the website may have reached its maximum capacity. now, the former head of the massachusetts health exchange. great to have you back on the show. welcome. >> thank you. nice to be here. lori: health and human services is saying that they are running 90% of the time. does that mean anyone can log on and expect to sign up in a reasonable time? >> well, apparently not. it would be nice to have it running close to 100 percent. >> describe the kern vulnerabilities. >> they have done a heroic effort over the last five or six weeks in marshalling resources to try to improve what was clearly not functioning very well at all. really not functioning. but you would like to get those -- the consumer experience will depend upon all of the links in the process working. working close to 100 percent. that is really what you would like to see. and you know, that is just the basics, frankly. the really interesting stuff is down the
FOX Business
Dec 5, 2013 11:00am EST
-time talk show. on radio at least wiener can't tweak his, you know. should president obama stop worrying about health care and talk about fixing obamacare? your responses next. cheryl: we want to look at the running names on the nasdaq. there you go. be right back. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i tre like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. cheryl: to the president's stop worrying about the wealth gap and focus on fixing obamacare? fixing the obamacare, the affordable health care law is completed, fixing the economy would take care of the wealth gap and obamacare. james says the stock obamacares into the country is more important, distribution is not an answer and how we says you
CSPAN
Dec 2, 2013 4:10am EST
set by the obama administration for necessary fixes to the health care website. sunday, reporters were briefed by phone about the progress being made. it was mid-october, when he was named to oversee changes to the site. here is some of the conversation. it is critical that the result -- that we doubled the system's capacity to now support its intended volumes. [indiscernible] simultaneous users at one time. we know that each user spends an average of 30 minutes on the site. the site will support more than 800,000 consumer visits per day. there will be times that this increased capacity will not be sufficient to happen -- handle peak demand. times, we for those will deploy a new system to serve consumers in an orderly fashion and allow consumers to request e-mail notifications when it is a better time to come back to the site. span, we bring public affairs events from washington directly to you, putting you in the room at congressional hearings, white house events, briefings, and conferences. offering gavel-to-gavel coverage of the u.s. house as a public service of private industry. cr
KRON
Dec 2, 2013 4:00am PST
airports next year. >> the obama administration says it is met its goal to have the health care website working smoothly. the administration has set a deadline of midnight sunday to give the website up and running. it launched two months ago but has been plaque with technical problems. administration officials warn that while the website is running smoother than it once was, users could still face different error messages. >> a truck carrying 8 t of fireworks was set on fire after a traffic accident in south china. firefighters received reports of a truck on fire and loud noises of fireworks. when they arrived they started sparring water on the truck. the explosion caused the evacuation in nearby homes. no injuries were reported. witnesses said that the accident might have been caused by the truck hitting overhead power mine was earned orbiting the moon in 11. afghanistan in009. on the u.s.s. saroga in982. [ male announcer once it's earne usaa auto insunce is often handed down from generation to generati because it offe a superior level of protecion and because usaa's commitment to serv
FOX Business
Dec 3, 2013 6:00pm EST
against the language of the affordable care act. saying that these subsidies didn't establish these. gerri: there's another lawsuit suing the obama administration, student employees in the coverage of birth control at the university of notre dame. we make of this? >> i think that's another major case. also to the hobby lobby case it is part of the supreme court. and i think that my prediction is that the justice department loses on this and the supreme court is going to look at is in a close vote and they are going to say that there is no justification for justification to the supreme court that companies have a first amendment right of political expression and what they have religious expression. i think that's going to be a problem for the justice department. gerri: right on obamacare, birth control is free. it's not just something you have to provide. it is also free. let's talk about businesses. the supreme court will hear the first amendment religious liberties law. you mention hobby lobby. will that go somewhere? >> i think that hobby lobby is going to win that case. because not only
CNBC
Dec 3, 2013 4:00am EST
. >>> a revamp and a resale. president obama will try to make the case again to the american people for his health care reform program. it has hit several stumbles still launching in october. >>> as the british prime minister visits china, the country's polit bureau expands domestic demand and pushes forward its key reform. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> if you've just joined us stateside, u.s. futures are indicating a softer start after the close we saw yesterday. the s&p down nearly five right now. the dow is some, what, 35 points below fair value? the nasdaq at the moment is on fair value, just about the s&p 500 is around 3.5 points below fair value. european equities have been soft and we're down near the session lows. the cac 40 in france, up 1.5%. the italian market down 0.5%. meanwhile, u.s. vice president joe biden and the japanese prime minister shinzo abe have been giving a statement in tokyo. japanese prime minister abe saying we cannot accept china's one sided air defense zone over the east china sea throu
FOX Business
Dec 6, 2013 7:00pm EST
of that and more straight ahead. ♪ lou: another obama cover-up. new e-mails reveal the obama administration knew about a major flaw in the obamacare small business exchange. former romney health care adviser on this latest obamacare outrage or oversight. next. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with azing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! where does the uted states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's g
FOX Business
Dec 6, 2013 10:00pm EST
@ punishment. all of that and more straight ahead. ♪ lou: another obama cover-up. new e-mails reveal the obama administration knew about a major flaw in the obamacare small business exchange. former romney health care adviser on this latest obamacare outrage or oversight. next. next. hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ lou: obama administration officialreport more progress with healthcare.gov. they now say that the site fails just about 10 percent of the time. back in octor that failure rate was 25%. government officials also say over three and a half million consumers visited the site from midnight sunday antonin today, but the obama administration still will not tell us what the november enrollment numbers are or how many people actually have insurance. insurers are still complaining that the healthcare applications that they do re
PBS
Dec 3, 2013 7:00pm PST
. >>> president obama trying to generate support for the revamped rollout of the trouble plagued healthcare.gov website saying the site is working well and warning critics that he will fight efforts to repeal the affordable care act. >> this law is working, and will work into the future. people want the financial stability of health insurance, and we're going to keep on working to fix whatever problems come up in any startup, any launch of a project this big that has an impact on 1/6th of our economy. whatever comes up, we're going to just fix it. >> administration released a new report showing that through that website nearly 1.5 million americans have now been found eligible for medicaid and that was during the month of october. >> still ahead on "nightly business report", we'll tell you about the company many are calling the big winner of black friday and cyber monday. >>> more numbers coming in for consumer spending over the long thanksgiving and black friday weekend. shopper track a provider of retail an lit ticks reports that sales rose 1% at brick and mortar stores during the four da
FOX Business
Dec 2, 2013 4:00pm EST
of universal health care in massachusetts where it has worked. when i read the obama plan, even if implemented perfectlyan, can't work. needless to say implementation has been anything short of perfect. so you got a bad plan, badly implemented and now what you got is an absolute mess and i have no idea how the president the administration will get their way out of it. david: and you look at some of the stats, by the way, walmart.com processed nearly 400 million page views on thanksgiving day. whitehouse.gov is bragging about the fact that they have 375,000 in a day. again, the more hits that healthcare.gov has, the more screwed up the whole system is going to become. how does it end? >> wealth fact of the matter is, people get there, they think they have signed up. weeks go by. they don't get an insurance card. they call up the carrier and carrier has never seen an application because the link to the carrier's site doesn't work. among many other things that doesn't work in this whole thing. the worst thing is going to be, you will have a whole lot of people who badly need health care signing u
FOX Business
Dec 4, 2013 11:00am EST
of markets now. president obama continues his 20 day pr blitz to will americans to sign up for health care, four separate hearings on the law are underway in capitol hill. filled in greek --phil gingrey is here. david dietz is here with where to make some green coming up in our stock radar and washington d.c. raising the minimum wage at the nation's largest retailer, wal-mart, opens for business. we have the details, the backlash and the fight ahead for both. all this and more in the next hour of markets now. timing is everything between washington d.c. and walmart. this has been going on for so long and the minimum wage going up with wal-mart opened up a store. capitalism lives. dennis: so does obamacare. the president denial on how things are going. cheryl: there's deion and defiance, both active. dennis: top of the our stocks every 15 minutes, nicole petallides at stock exchange. reversing course again. we don't want good four straight days down on the dow. i forbid it. >> you will see that team of the bull camp and want to see this reversal happen. we have three days of selling for the
FOX
Dec 4, 2013 7:00am PST
as president obama begins a three-week public relations campaign for the new healthcare law, another lawsuit was filed against the affordable care act. the university of notre dame filed a religious challenge to the healthcare overhall, saying the -- overhaul, saying the requirement that the health plans cover birth control violates roman teachings. this is one of more than 80 lawsuits attacking the law on religious grounds. it will be the supreme court who decides if employers can refuse to offer benefits under the law. but that ruling is not expected into well next year. >>> some legal experts say people hear in california should pay close attention to the provisions of the bankruptcy protection just granted for the city of detroit. the judge in that case ruled that detroit can impose cuts to the pension plans of employees. that ruling comes as a bankrupt california city, san bernardino, is considering a legal showdown with cal piers -- calpirs. the ooles ruling does --. >>> they are not giving hope. why there's new hope for a san jose pilot and his family missing since sunday in idaho. >>
Al Jazeera America
Dec 9, 2013 6:00am EST
in washington on the affordable care act and not on another government shut down. they learned that the loft time you. >> ok. >> i think their incentive this time is to keep the trains running. >> thank you. president obama is on his way to south africa to pay tribute to nelson mandela. the president left on air force one just a few moments ago. president george h.w. bush onboard. president clinton and president cart he are also scheduled to attended the memorial service set for tuesday. george h.w. bush is the only living president who will not be in attendance for health reasons. >> we should point out that this film was personal. it's about your stepfather. he is one of those unsung heroes who we should behind the scene to say free nelson mandela. tell us more about him. >> he joined our family in 1972, and he brought with hill the news of nelson mandela, that was about eight years before the free nelson mandela campaign which launched nelson mandela as a symbol of the anti apartheid movement. when he went underground when nelson mandela was criminalized, he sent out a generation of peopl
CNBC
Dec 3, 2013 6:00am EST
. >>> president obama wants to sell the american people on the relaunch of his troubled health care program today. he'll be starting speaking at 2:30 eastern time today. >>> let's check on the markets in anticipation of this. it wasn't too auspicious of a start yesterday. and again this morning, not so great, either. a lot of -- in the last two weeks, we have heard the word bubble like 100 times. so i don't know whether that initially just gets people to sell it off. it doesn't mean we're going down 5% or 10%, but at least it's starting with a little bit of trepidation. we have eight street weeks of gains, it probably wouldn't be surprising to not go nine. but down about 48 points is what we're looking at on the dow jones. the s&p is up 20% for the year. take a look at oil as we head into the all-important christmas season for retailers. people have a little more in their pockets as gasoline prices come down. the ten-year, which we always watch, given that some day somehow somewhere janet yellen is going to -- >> look at that. it's almost 2.8%. >> 2.8%. the dollar should be going up against these
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